Crosslink Launches $350M Fund to Back Early Stage Founders
Crosslink Launches $350M Fund to Back Early Stage Founders
Crosslink Capital, Inc. announced today the closing of its ninth flagship venture capital fund, Crosslink Ventures IX. The new fund, which includes support from both new and existing investors, was significantly oversubscribed, and closed with $350 million of capital commitments. The firms previous venture fund was capitalized at $275M in June 2018.
As an investor in disruptive innovators such as Coupa, Personal Capital, ServiceMax, Vungle, Chime, Molekule and Weave, Crosslink remains committed to investing in early-stage (Seed and Series A) technology companies and supporting them at every stage of their growth. Crosslink has been partnering with ambitious entrepreneurs for over thirty years, and the new fund enables the team to continue to allocate intelligent capital and collaborate with seed funds to identify, invest in and deliver an enduring portfolio of winners.